CPI Europe reports the full letting of a retail property in Vienna Floridsdorf. Sports retailer Decathlon will take over approximately 2,100 square metres of retail space in the property at Brünner Straße 72A as a new tenant. This new letting leads to the full occupancy of the property and confirms the ongoing relevance of modern retail spaces in established retail park locations.
The property comprises a total leasable area of approximately 8,700 square metres. In the future, it will house MediaMarkt and Smyths Toys alongside Decathlon, creating a complementary tenant mix that appeals to various customer groups and maximises footfall potential. Pavel Mechura, a member of the CPI Europe board, emphasised that the full letting demonstrates the quality of the portfolio as well as the efficiency of their active asset management. He further stressed that the arrival of Decathlon sustainably enhances the attractiveness of the location and that demand for modern retail spaces in well-connected areas remains valid even in a challenging market environment.
Location Factors and Portfolio Strategy
Brünner Straße is established as a relevant retail park and commercial location in the north of Vienna. Its proximity to other retailers and excellent accessibility by private transport as well as public transport contribute to its attractiveness for customers from Vienna and the surrounding area. The letting to Decathlon is part of CPI Europe's portfolio strategy, which focuses on high-quality properties in economically robust regions. The aim is sustainable value development for tenants, customers and investors.
Retail properties represent a significant component of CPI Europe's diversified real estate portfolio. Retail parks, in particular STOP SHOP locations, as well as local supply centres, have proven resilient in recent years. These benefit from stable customer flows and the constant demand from established retail brands. CPI Europe is currently developing four STOP SHOP retail parks in Croatia. Further project developments in Serbia, Hungary and Croatia are planned for 2027 to 2028.
